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Category: FINANCE

Posted on 21/06/2024

Seniors and crypto: Protecting Singapore’s silver generation

The fundamental principle of scam avoidance remains: if something seems too good to be true, it usually is: Coinbase's Ahmed.

Posted on 21/06/2024

Singapore sees sudden frenzy in deals from around the world

Value of deals involving Singapore firms since the start of April is up 102 per cent from the full second quarter last year. Read more at straitstimes.com.

Posted on 21/06/2024

Singapore emerges as M&A hub for bankers seeking Asia deals

who joined BofA in 2015 after stints with Standard Chartered Plc and UBS Group AG. BofA was an adviser on the KKR-led STT data centre deal. It also was an adviser on the sale of a majority stake in ...

Posted on 21/06/2024

Singapore’s top banks hungry for regional expansion

The three largest banks in Singapore, DBS Group Holdings, United Overseas Bank (UOB) and Oversea-Chinese Banking Corp. (OCBC), are expanding in neighboring countries through acquisitions and new ...

Posted on 21/06/2024

DBS keeps ‘buy’ on Paragon REIT following divestment of Rail Mall

Proceeds from the divestment, which is made at nearly 30% above valuation, can be used to help pay down a perpetual securities ...

Posted on 21/06/2024

‘Having Singapore base will boost regional trade’

OPENING a Malaysia External Trade Development Corporation (Matrade) office in Singapore is part of Putrajaya’s effort to enhance trade and investment between both countries and Asean as a ...

Posted on 21/06/2024

HSBC’s Restructuring Efforts & High Rates Aid Amid Cost Woes

Additionally, in 2022, HSBC acquired 100% of the issued share capital of AXA Insurance in Singapore and L&T Investment Management Limited. Moreover, HSBC increased its ownership stake in its China ...

Posted on 21/06/2024

Singapore is the world’s most competitive economy in 2024: IMD

The city-state also held the top spot in 2020. Singapore was named the world's most competitive market this year after climbing three places from the fourth spot in 2023, according to the latest IMD ...

Posted on 21/06/2024

Singapore and South Korea most willing to invest in sustainable and inclusive brands

Conversely, countries such as Belgium, Germany, The Netherlands, Sweden, and the United Kingdom show the least enthusiasm for paying premiums for such brands. The study, led by by Professor Frank ...

Posted on 21/06/2024

3 Best Credit Card Pairings for Maximising Cashback, Miles, and Rewards

Which credit cards work best with other credit cards? Here are our top picks for pairings that maximise cashback, miles, and rewards from UOB, Citi & more.

Posted on 20/06/2024

Society Pass Inc. Bolstering Subsidiaries Ahead of IPOs to Drive Growth and Customer Engagement

Southeast Asia’s premier data-driven loyalty, fintech, and e-commerce ecosystem, is gearing up for the upcoming IPOs of its key subsidiaries, NusaTrip.com and Thoughtful Media Group. NusaTrip.com, a ...

Posted on 20/06/2024

Singapore startup Carro first to tap US$1 billion HSBC Asean Growth Fund

SINGAPORE startup Carro announced on Thursday (Jun 20) that it signed a S$75 million multi-currency loan with HSBC, making the home-grown company the first to tap HSBC’s Asean Growth Fund of US$1 ...

Posted on 20/06/2024

Banks need more government help to backstop SMEs’ finance needs: HSBC co-CEO

Big data, AI and blockchain tech are raising financial inclusivity, top Moody’s and Standard Chartered executives say at Lujiazui forum.

Posted on 20/06/2024

Singapore stocks open subdued on Thursday amid European market losses—STI inched up by 0.01%

The broader market revealed more stocks declining than advancing, as 43 million securities worth S$53.7M changed hands in early trading.

Posted on 20/06/2024

Singapore Is Again No. 1 Among 67 Competitive Economies In The Post-Pandemic World

Singapore has moved up three places to take the No. 1 spot in the World Competitiveness Ranking (WCR) 2024, published by the International Institute for Management Development (IMD). The island nation ...

Posted on 20/06/2024

Why Permira got cold feet over Golden Goose IPO

Singapore’s GIC, for example ... “The risk of this turning into a mediocre IPO was higher than the advantage of going ahead,” said one participant. Permira may attempt to revive the listing in the ...

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